Intangible fixed assets
|12 Months Ended|
Sep. 30, 2022
|Intangible fixed assets|
|Intangible fixed assets||
11. Intangible fixed assets
The Group’s intangible assets under development are internally generated and the Group has not yet begun amortisation of these finite useful economic life assets. $0.474 million (2021: $0.201 million) of these capitalised costs relate to QuantumCloud.
An impairment test was performed for the year ended September 30, 2022, which considered the value of existing contracts and forecasted revenues. No impairment was deemed necessary. The Group will begin amortisation when the intangible assets are available for use.
The entire disclosure for intangible assets.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef